Technical
Financial
Distress signals
Property profile

4509 Hwy 389 Lynn Haven, FL 32444

OFF-MARKET
Warehouses
Property ID
US19-0484275
5,042 SF 1.2 ac lot Built 2001
Entity Owned 13-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2001
Construction STEEL FRAME
Total area 5,042 SF
Lot 1.2 ac (52,272 SF)
APN 11535-020-000
UPID US19-0484275

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4509 Hwy 389 Lynn Haven, FL 32444
Lynn Haven metro Census 1301 PANAMA CITY-LYNN HAVEN, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$590k
Comparable Approach Comparable
$524k
Blend (final) Blend
$270k

Owner & transaction history

since 2013
7 recorded transactions
2025
Price N/A
2013
$315,000
2013
Price N/A
2007
$400,000
2005
$400,000
1997
$40,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $745,000 +101.6%
Medical building $735,000 +98.7%
Industrial (general) $395,000 +6.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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